Q2 down YoY, H1 still up YoY, debt guidance improved
The company posted decreasing YoY results in Q2 2021 mainly due to a tough comparison base related to the increase in volumes linked to the first wave of the pandemic in Q2 2020: revenues -2.5%, adj. EBITDA -9.3%, adj. EBIT -30.3%, adj. net profit -33.3%. Net financial position reached EUR-91.4m vs EUR-103.3m as at the end of Q2 2021. Even though Q2 results were down YoY, H1 remained up YoY in terms of margins and are consistent with the FY g ....
14 Sep 2021
Debt guidance improved, visibility and MandA optionality
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Debt guidance improved, visibility and MandA optionality
Q2 down YoY, H1 still up YoY, debt guidance improved
The company posted decreasing YoY results in Q2 2021 mainly due to a tough comparison base related to the increase in volumes linked to the first wave of the pandemic in Q2 2020: revenues -2.5%, adj. EBITDA -9.3%, adj. EBIT -30.3%, adj. net profit -33.3%. Net financial position reached EUR-91.4m vs EUR-103.3m as at the end of Q2 2021. Even though Q2 results were down YoY, H1 remained up YoY in terms of margins and are consistent with the FY g ....